btc recent analysis

BTC bounce from 46k zone but there was not enough liquidity to push the price higher instead the price got rejected from the upper resistance and came back down, as you see in the chart the 50ema has crossed the 200ema which indicates something we call the death cross and it's of weakness. at the moment we shall expect btc to make a stop lost hunt to liquidate the longs and bounce back from the mentioned levels above. strongly advised you not to take any trades at the moment until BTC gain some strength.